Mark Cuban made scathing, profanity-laced remarks about pharmacy benefit managers (PBMs) and heaped praised on drug manufacturers yesterday during a 26-minute fireside chat interview at the annual meeting of the Association of Accessible Medicines, the trade association of generic drug manufacturers.
Cuban, who has started a low-cost, generic pharmacy called Mark Cuban Cost Plus Drugs Company, told the audience of generic drug industry executives that they were aware of the “the distortions you face with the PBMs and insurance companies.”
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